NYSE:ENV - Envestnet Stock Price, News & Analysis

$56.06
+0.46 (+0.83 %)
(As of 08/18/2019 09:04 AM ET)
Today's Range
$54.98
Now: $56.06
$56.42
50-Day Range
$55.46
MA: $68.19
$73.40
52-Week Range
$46.57
Now: $56.06
$73.94
Volume320,600 shs
Average Volume452,238 shs
Market Capitalization$2.93 billion
P/E Ratio44.85
Dividend YieldN/A
Beta1.67
Envestnet, Inc, together with its subsidiaries, provides intelligent systems for wealth management and financial wellness in the United States and internationally. It operates through Envestnet and Envestnet | Yodlee segments. The company's product and services suites include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; Envestnet | Retirement Solutions, which offer a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provide research, due diligence, and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services. Read More…

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorBusiness Services
CUSIP29404K10
Phone312-827-2800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$812.36 million
Cash Flow$3.0205 per share
Book Value$16.36 per share

Profitability

Net Income$5.76 million

Miscellaneous

Employees3,920
Market Cap$2.93 billion
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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Envestnet (NYSE:ENV) Frequently Asked Questions

What is Envestnet's stock symbol?

Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."

How were Envestnet's earnings last quarter?

Envestnet Inc (NYSE:ENV) announced its quarterly earnings data on Wednesday, August, 7th. The business services provider reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by $0.02. The business services provider had revenue of $227.90 million for the quarter, compared to analyst estimates of $225.34 million. Envestnet had a positive return on equity of 9.15% and a negative net margin of 1.72%. The company's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.41 earnings per share. View Envestnet's Earnings History.

When is Envestnet's next earnings date?

Envestnet is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Envestnet.

What guidance has Envestnet issued on next quarter's earnings?

Envestnet issued an update on its FY19 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of $2.10-2.12 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.13. The company issued revenue guidance of $897-903 million, compared to the consensus revenue estimate of $910.10 million.

What price target have analysts set for ENV?

10 analysts have issued 12-month price objectives for Envestnet's stock. Their predictions range from $65.00 to $83.00. On average, they expect Envestnet's share price to reach $73.7778 in the next year. This suggests a possible upside of 31.6% from the stock's current price. View Analyst Price Targets for Envestnet.

What is the consensus analysts' recommendation for Envestnet?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 4 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Envestnet.

Has Envestnet been receiving favorable news coverage?

Press coverage about ENV stock has been trending negative on Sunday, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Envestnet earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Envestnet.

Are investors shorting Envestnet?

Envestnet saw a increase in short interest in July. As of July 15th, there was short interest totalling 3,263,300 shares, an increase of 5.0% from the June 15th total of 3,107,400 shares. Based on an average daily trading volume, of 290,100 shares, the days-to-cover ratio is presently 11.2 days. Currently, 7.6% of the shares of the stock are short sold. View Envestnet's Current Options Chain.

Who are some of Envestnet's key competitors?

What other stocks do shareholders of Envestnet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Envestnet investors own include Hawkins (HWKN), CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Transocean (RIG), CROWN CASTLE IN/SH SH (CCI), Athabasca Oil (ATH), Micron Technology (MU) and Altaba (AABA).

Who are Envestnet's key executives?

Envestnet's management team includes the folowing people:
  • Mr. Judson Taft Bergman, Chairman & CEO (Age 62)
  • Mr. Peter H. D'Arrigo CFA, Chief Financial Officer (Age 51)
  • Mr. Scott David Grinis, Chief Technology Officer (Age 57)
  • Mr. William C. Crager, Chief Exec. of Envestnet Wealth Solutions (Age 55)
  • Mr. Brandon Rockwell Thomas, Co-Founder & Chief Investment Officer (Age 55)

Who are Envestnet's major shareholders?

Envestnet's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.21%), Janus Henderson Group PLC (7.07%), Janus Henderson Group PLC (7.07%), Wells Fargo & Company MN (6.50%), Wasatch Advisors Inc. (4.68%) and DF Dent & Co. Inc. (2.28%). Company insiders that own Envestnet stock include Anil Arora, Brandon Thomas, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Ross K Chapin, Scott D Grinis, Shelly O'brien, Stuart Depina and William Crager. View Institutional Ownership Trends for Envestnet.

Which institutional investors are selling Envestnet stock?

ENV stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Wells Fargo & Company MN, Victory Capital Management Inc., Wasatch Advisors Inc., Atlanta Capital Management Co. L L C, AXA, Westfield Capital Management Co. LP and Fort Washington Investment Advisors Inc. OH. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Brandon Thomas, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Ross K Chapin, Scott D Grinis, Stuart Depina and William Crager. View Insider Buying and Selling for Envestnet.

Which institutional investors are buying Envestnet stock?

ENV stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., GW&K Investment Management LLC, Nuveen Asset Management LLC, TimesSquare Capital Management LLC, Scout Investments Inc., Balyasny Asset Management LLC, Echo Street Capital Management LLC and Envestnet Asset Management Inc.. View Insider Buying and Selling for Envestnet.

How do I buy shares of Envestnet?

Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Envestnet's stock price today?

One share of ENV stock can currently be purchased for approximately $56.06.

How big of a company is Envestnet?

Envestnet has a market capitalization of $2.93 billion and generates $812.36 million in revenue each year. The business services provider earns $5.76 million in net income (profit) each year or $1.25 on an earnings per share basis. Envestnet employs 3,920 workers across the globe.View Additional Information About Envestnet.

What is Envestnet's official website?

The official website for Envestnet is http://www.envestnet.com/.

How can I contact Envestnet?

Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]


MarketBeat Community Rating for Envestnet (NYSE ENV)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  613
MarketBeat's community ratings are surveys of what our community members think about Envestnet and other stocks. Vote "Outperform" if you believe ENV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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